flwnet

When I was a lad, to get a mortgage was a complex process. You would go to the bank for a meeting with the branch manager. The branch manager would assess you, your job security, work status and salary and, if all boxes were ticked, you could get a mortgage up to four times your……

After my blog yesterday about mortgage by machines, I left out one key component: humans. You have to remember that machines don’t think, they only appear to think because we develop them that way. Sure, there may be sentient machines at some point in the future when we get to the great Singularity but, until……

This week’s main blog discussions include … OK boomer! Mortgage by machines When I was a lad, to get a mortgage was a complex process. You would go to the bank for a meeting with the branch manager. The branch manager would assess you, your job security, work status and salary and, if all boxes……

Things we’re reading today include … Mr Beast is launching a bank! Fintech industry takes aim at ‘logic-defying’ banking watchdog Top 5 Stories in FinTech From the Last Week | FinTech Magazine Bank of England boss claims Brexit will damage economy for ‘foreseeable future’ Commonwealth Bank says that cash will soon be ‘non-existent’ How apps……

I was honoured to be invited to Kuala Lumpur to join the Global Islamic Finance Forum last week. Why? Because they had the Royal Sultan speak over dinner and the Prime Minister of Malaysia give a keynote speech? Yes but, more than this, I learned a lot. In particular, during my panel session, someone asked……

Things we’re reading today include … The Top 100 Fintech firms Pig butchering, bitcoin, and the biggest crypto seizure in DoJ history: What it means for fintech The impact of fintech on lending British fintech Revolut granted banking license in Mexico Why EU and US Banks Are Racing to Issue Stablecoins Amazon services ‘recovering’ as……

I was going to write up my panel discussion during the GIFF (Global Islamic Finance Forum) but Zawya did the job for me. Having said that, their website is quite difficult to access due to location restrictions and so I’m just going to cut and paste their summary here. Hope you like it! Revolutionising Islamic……

Things we’re reading today include … Bank of England chief warns of ‘worrying echoes’ of 2008 financial crisis Bank Of England Governor Andrew Bailey Criticized For Being Unnecessarily “Inflammatory” About Stablecoins Government needs to ‘get behind’ fintech, Innovate Finance boss says Kraken UK boss: The one thing Britain must do to recapture fintech crown UK……

I walked away from the Global Islamic Finance Forum (GIFF) with two quotes that I can’t get out of my head. The first: “a rising tide lifts all boats” from John F. Kennedy, 1963. The second: it is “better to live one day as a tiger than a thousand years as a sheep” by Tipu……